This article has been written by a DealDash employee. All statements made are factually correct.
Have you seen these commercials for companies like DealDash and QuiBids where incredibly low priced deals are being advertised?
The catch: It’s an auction, where you have to pay for every time you place a bid.
What’s interesting is that some of these websites have been in business for soon 10 years. DealDash has reportedly more than 15,000,000 registered American shoppers.
Why on Earth do people keep using these services even though you have to Pay to Bid?
- The deals can be good, even after the cost of Bids
In the most aired commercial we’ve all probably seen, Barbara “won a 55-Inch TV for less than $30”. The disclaimer explains that Barbara bid 414 times. She paid $82.80 for her bids. The total cost was $112.75. Still a pretty decent deal.
2. The merchandise sold is often bought by the companies in big bulks.
Brands offload their seasonal and excess inventory on sites like DealDash which makes the economics favorable for the bidders.
Recently, a PlayStation 4 sold for $9.53 + $6.20 in bids. The winner paid only $15.73.
3. A good strategy and timing can work wonders for you
If you have a good strategy and know what times of day work the best and who to bid against, you can do better than the average bidder.
4. Some of these sites offer Free Shipping on all items.
Some sites use very expensive shipping as an alternative revenue source. Look for sites like DealDash with free shipping.
5. Sites like DealDash offer a “100% Money Back Guarantee on your First Bid Pack Purchase” (Valid for 90 days)
This win or lose guarantee is enough for many people to try a service like DealDash. Some end up liking it and using it for years, others decide it’s not for them and make use of the guarantee.
